La-Z-Boy Incorporated (LZB)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.07 | 4.15 | 4.40 | 4.56 | 4.47 | 4.16 | 4.12 | 4.21 | 4.25 | 4.28 | 4.47 | 4.58 | 4.76 | 4.53 | 4.65 | 4.23 | 4.41 | 4.52 | 4.49 | 4.85 | |
| DOH | days | 89.58 | 88.01 | 82.93 | 79.99 | 81.66 | 87.71 | 88.58 | 86.76 | 85.82 | 85.20 | 81.64 | 79.66 | 76.67 | 80.53 | 78.46 | 86.38 | 82.80 | 80.68 | 81.25 | 75.26 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.07
= 89.58
The days of inventory on hand (DOH) for La-Z-Boy Incorporated has shown some fluctuations over the period under consideration.
From April 2022 to October 2022, there was a gradual increase in the DOH from 75.26 days to 86.38 days. This indicates that La-Z-Boy may have been holding onto inventory for a longer period during this time frame.
Between January 2023 and April 2023, there was a slight decrease in DOH to around 76-80 days, suggesting that the company may have managed its inventory more efficiently during this period.
From July 2023 to October 2024, the DOH remained relatively stable, fluctuating in the range of 81-89 days. This indicates that La-Z-Boy maintained a consistent level of inventory on hand during this time.
Overall, it is important for La-Z-Boy to closely monitor its DOH to ensure optimal inventory management and avoid the risk of excess inventory leading to increased carrying costs or shortages causing disruptions in supply chain operations.
Peer comparison
Jan 31, 2025